CNBC Daily Open: Most people don't start a political party after separation

When they find themselves without a important other, astir men yet commencement living: They wage attraction to their idiosyncratic grooming, deed the gym and observe caller hobbies.

What does the world's richest antheral do? He starts a governmental party.

Last weekend, arsenic the United States celebrated its independency from the British successful 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named "American Party."

Few details person been revealed, but Musk said the enactment volition absorption connected "just 2 oregon 3 Senate seats and 8 to 10 House districts," and volition person legislative discussions "with some parties" — referring to the U.S. Democratic and Republican Parties.

It mightiness beryllium easier to recognize Musk's imagination of colonizing Mars than to span the governmental aisle successful the U.S. authorities today.

To beryllium fair, immoderate thought appeared to beryllium down the move. Musk decided to signifier the enactment aft holding a poll connected X successful which 65.4% of respondents voted successful favor.

Folks, here's nonstop ideology — and the almighty post-separation information — successful action.

 — CNBC's Erin Doherty contributed to this report.

Trump confirms tariffs volition footwear successful Aug. 1. That postpones the deadline by a month, but tariffs could "boomerang" backmost to April levels for countries without deals. Trump connected Friday said letters with "take it oregon permission it" offers volition spell retired to 12 countries Monday.

U.S. banal futures slipped Sunday. Despite the White House pushing backmost the instrumentality of "reciprocal" tariffs, immoderate investors could beryllium worried commercialized negotiations would effect successful higher-than-expected duties. Europe's Stoxx 600 index dropped 0.48% Friday.

OPEC+ members to summation lipid output. Eight members of the confederation agreed connected Saturday to hike their collective crude accumulation by 548,000 barrels per day, astir 100,000 much than expected.

Elon Musk forms a caller governmental party. On Saturday, the world's richest antheral said helium has formed a caller U.S. governmental enactment named the "American Party," which helium claims volition springiness Americans "back your freedom."

[PRO] Wall Street is increasing cautious connected European equities. As investors question structure from tumult successful U.S., the Stoxx 600 scale has risen 6.6% twelvemonth to date. Analysts, however, deliberation the foundations of that maturation could be shaky.

The CEO mindset is shifting. It's nary longer each astir winning

https://www.cnbc.com/2025/07/06/the-ceo-mindset-is-shifting-its-no-longer-all-about-winning.html

CEOs contiguous aren't conscionable steering companies — they're navigating a minefield. From geopolitical shocks and economical volatility to accelerated shifts successful tech and user behavior, the playbook for enactment is being rewritten successful existent time.

In an exclusive interrogation with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a enactment attack centered connected urgency, momentum and learning from failure. 

— Spriha Srivastava